NSC Jan 2025 210.000 put
| Previous Close | 7.90 |
| Open | 7.90 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 210.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 7.90 - 7.90 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
ZacksWhat's in Store for Norfolk Southern (NSC) in Q1 Earnings?
Norfolk Southern's (NSC) Q1 bottom line is likely to have been hurt by high-labor costs following the recent labor negotiations.
- Reuters
US labor union backs Norfolk in proxy battle with Ancora
A top federation of U.S. labor unions has urged Norfolk Southern shareholders to vote against Ancora's director candidates, arguing the hedge fund's plans for the railroad would compromise safety and improvements being considered. "Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" and the election of Ancora's proposed directors will derail the safety and service improvements that are currently underway at Norfolk Southern," the American Federation of Labor and Congress of Industrial Organizations said in a letter. Ancora, in February, proposed the replacement of Norfolk Southern's top management, including its CEO, and nominated eight directors to the railroad operator's board in response to the company's negligence leading to a 2023 train derailment in East Palestine, Ohio.
FortuneNorfolk Southern is getting back on track–but activist investor Ancora is trying to derail it in a vicious proxy fight
A year after the East Palestine disaster, Norfolk Southern CEO Alan Shaw is under attack by activist investor Ancora.
